Mirae Asset Nifty 100 ESG Sector Leaders ETF vs Nippon India Quant Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset Nifty 100 ESG Sector Leaders ETF is an ETF fund and Nippon India Quant Fund is a Thematic fund. In the 3 years to 30-10-2026, Mirae Asset Nifty 100 ESG Sector Leaders ETF returned 7.6% a year and Nippon India Quant Fund (Direct) returned 12.9% a year. Mirae Asset Nifty 100 ESG Sector Leaders ETF charges 0.45% a year and Nippon India Quant Fund 0.84%. Their portfolios overlap 46.2%: they hold 21 of the same securities.
Mirae Asset Nifty 100 ESG Sector Leaders ETF
ETF
- 3 year return
- 7.6%
- Expense ratio
- 0.45%
- NAV
- ₹39.14
Nippon India Quant Fund
Thematic
- 3 year return
- 12.9%
- Expense ratio
- 0.84%
- NAV
- ₹74.84
Which is better, Mirae Asset Nifty 100 ESG Sector Leaders ETF or Nippon India Quant? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Quant returned more over 5 years: 12.0% a year against 5.6%.
- Nippon India Quant returned more over 3 years: 12.9% a year against 7.6%.
- Mirae Asset Nifty 100 ESG Sector Leaders ETF costs less: 0.45% a year against 0.84%.
- Mirae Asset Nifty 100 ESG Sector Leaders ETF swung less over 3 years: a standard deviation of 13.6% a year against 15.0%.
- Nippon India Quant fell less in its worst fall since 18-11-2020: −17.1% against −17.9%.
- Mirae Asset Nifty 100 ESG Sector Leaders ETF holds more in large companies: 97.9% of the fund in large caps against 76.5%.
- Nippon India Quant is the larger fund: ₹108 Cr against ₹92 Cr.
- Their portfolios overlap 46.2%: 21 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Mirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India Quant Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Nippon India Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹92 Cr (30-09-2026) | ₹108 Cr (30-09-2026) |
| NAV | ₹39.14 | ₹74.84 (Direct) |
| Expense ratio (Direct) | Not available | 0.84% |
| Expense ratio (Regular) | Not available | 1.27% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 ESG Sector Leaders TRI | BSE 200 TRI |
| Launch date | 17-11-2020 | 18-04-2008 |
| Minimum investment | On exchange (in multiple of 1 units), Directly with AMC or Market Maker (in multiple of 1,25,000 units) | ₹5,000 |
| Lock in | None | None |
| Fund managers | Ekta Gala, amp, Vishal Singh | Shirish Guthe |
| Exit load | NIL | Exit load of 0.25% if redeemed within 1 month |
Mirae Asset Nifty 100 ESG Sector Leaders ETF vs Nippon India Quant: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | +0.91% | −6.55% | −4.19% | −11.03% | +7.62% | +5.61% | -- |
| Nippon India Quant Fund (Direct) | −0.34% | −7.17% | −3.57% | −5.85% | +12.91% | +11.97% | +13.66% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Mirae Asset Nifty 100 ESG Sector Leaders ETF vs Nippon India Quant: Year-wise Returns
| Year | Mirae Asset Nifty 100 ESG Sector Leaders ETFMirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India QuantNippon India Quant |
|---|---|---|
| 2026to date | −11.81% | −7.07% |
| 2025 | +11.13% | +8.37% |
| 2024 | +11.66% | +20.55% |
| 2023 | +18.56% | +35.78% |
| 2022 | +1.51% | +8.17% |
| 2021 | +23.69% | +32.37% |
Mirae Asset Nifty 100 ESG Sector Leaders ETF vs Nippon India Quant: Rolling Returns
Every holding period of both funds, against Nifty100 ESG Sector Leaders TRI, the benchmark of Mirae Asset Nifty 100 ESG Sector Leaders ETF
Rolling returns
Every 3-year holding period, 728 of them, one for each trading day from 20-11-2023 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nippon India Quant Fund (Direct)
Nifty100 ESG Sector Leaders TRI
to
Feb 2024Aug 2021
to
Aug 2024Feb 2022
to
Feb 2025Aug 2022
to
Aug 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | 0.0 | 0.0 | 16.1 | 73.8 | 10.2 | 0.0 | 0.0 | 12.5% | 12.9% | 5.4% | 18.1% | 0% |
| Nippon India Quant | 0.0 | 0.0 | 0.0 | 5.1 | 29.8 | 59.9 | 5.2 | 20.8% | 21.2% | 11.4% | 27.3% | 100% |
| Nifty100 ESG Sector Leaders TRI | 0.0 | 0.0 | 8.1 | 70.5 | 21.4 | 0.0 | 0.0 | 13.2% | 13.6% | 6.0% | 18.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty100 ESG Sector Leaders TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-11-2020. Past returns do not promise future returns.
Mirae Asset Nifty 100 ESG Sector Leaders ETF vs Nippon India Quant: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 18-11-2020 to 30-10-2026: 72 instalments, ₹7,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Mirae Asset Nifty 100 ESG Sector Leaders ETFMirae Asset Nifty 100 ESG Sector Leaders ETF | ₹7,20,000 | ₹8,54,483 | ₹1,34,483 | 5.6% |
| Nippon India QuantNippon India Quant Fund (Direct) | ₹7,20,000 | ₹10,29,576 | ₹3,09,576 | 11.8% |
Mirae Asset Nifty 100 ESG Sector Leaders ETFMirae Asset Nifty 100 ESG Sector Leaders ETF
Nippon India QuantNippon India Quant Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Mirae Asset Nifty 100 ESG Sector Leaders ETF vs Nippon India Quant: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | −11.03% | −5.85% |
| Standard deviation | 14.01% | 14.31% |
| Sharpe ratio | -1.16 | -0.77 |
| Sortino ratio | -1.54 | -1.03 |
| Maximum drawdown | −15.9% (31-03-2026) | −12.5% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.43% | +2.43% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Mirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.62% | +12.91% |
| Standard deviation | 13.55% | 14.95% |
| Sharpe ratio | 0.12 | 0.46 |
| Sortino ratio | 0.16 | 0.62 |
| Maximum drawdown | −16.5% (04-03-2025) | −16.9% (28-02-2025) |
| Beta | 1.00 | 1.05 |
| Alpha | −0.61% | +3.13% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Mirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.61% | +11.97% |
| Standard deviation | 13.86% | 14.82% |
| Sharpe ratio | -0.01 | 0.42 |
| Sortino ratio | -0.02 | 0.57 |
| Maximum drawdown | −17.8% (17-06-2022) | −17.1% (20-06-2022) |
| Beta | 1.00 | 1.02 |
| Alpha | −0.66% | +3.71% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Mirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.92% | +12.64% |
| Standard deviation | 13.91% | 15.72% |
| Sharpe ratio | 0.33 | 0.42 |
| Sortino ratio | 0.45 | 0.57 |
| Maximum drawdown | −17.9% (17-06-2022) | −32.8% (23-03-2020) |
| Beta | 1.00 | 0.96 |
| Alpha | −0.65% | +0.27% |
From daily NAVs, 18-11-2020 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nippon India Quant Fund (Direct)
Nifty100 ESG Sector Leaders TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | −17.9% | 18-10-2021 | 17-06-2022 | 30-11-2022 | 5 months | −13.0% |
| Nippon India Quant Fund (Direct) | −17.1% | 17-01-2022 | 20-06-2022 | 12-09-2022 | 3 months | −9.2% |
| Nifty100 ESG Sector Leaders TRI | −17.6% | 18-10-2021 | 17-06-2022 | 30-11-2022 | 5 months | −12.7% |
From daily values since 18-11-2020, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nippon India Quant Fund (Direct)
Nifty100 ESG Sector Leaders TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nippon India Quant Fund (Direct)
Nifty100 ESG Sector Leaders TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nippon India Quant Fund (Direct)
Nifty100 ESG Sector Leaders TRI
Against Nifty100 ESG Sector Leaders TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | 98% | 101% | 0.08% |
| Nippon India Quant Fund (Direct) | 113% | 84% | 5.40% |
From month-end values since 18-11-2020. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Mirae Asset Nifty 100 ESG Sector Leaders ETF vs Nippon India Quant: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Nifty 100 ESG Sector Leaders ETF, September 2026; Nippon India Quant Fund, September 2026
Holdings in common
- Overlap
- 46.2%
- Held by both
- 21
- Only in Mirae Asset Nifty 100 ESG Sector Leaders ETF
- 39
- Only in Nippon India Quant
- 11
| Security | % of Mirae Asset Nifty 100 ESG Sector Leaders ETF | % of Nippon India Quant |
|---|---|---|
| ICICI Bank Ltd. | 10.24% | 7.36% |
| HDFC Bank Ltd. | 9.51% | 7.23% |
| Reliance Industries Ltd. | 9.56% | 3.63% |
| Bharti Airtel Ltd. | 6.37% | 3.59% |
| Bajaj Finance Ltd. | 3.07% | 3.11% |
| Mahindra & Mahindra Ltd. | 3.14% | 3.01% |
| Infosys Ltd. | 4.16% | 2.96% |
| Eternal Ltd. | 2.76% | 3.47% |
| Hindustan Unilever Ltd. | 1.99% | 2.48% |
| NTPC Ltd. | 1.82% | 2.40% |
| Asian Paints Ltd. | 1.30% | 1.67% |
| TVS Motor Company Ltd. | 1.15% | 2.86% |
| Trent Ltd. | 1.04% | 2.30% |
| Apollo Hospitals Enterprise Ltd. | 1.00% | 2.65% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.84% | 2.63% |
| Cummins India Ltd. | 0.77% | 2.21% |
| Britannia Industries Ltd. | 0.68% | 1.52% |
| Power Finance Corporation Ltd. | 0.56% | 1.96% |
| HDFC Asset Management Co. Ltd. | 0.55% | 2.14% |
| DLF Ltd. | 0.52% | 2.87% |
| Shree Cement Ltd. | 0.36% | 2.39% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 46.2% means 46.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Mirae Asset Nifty 100 ESG Sector Leaders ETF
| Security | % of fund |
|---|---|
| Axis Bank Ltd. | 4.20% |
| Titan Company Ltd. | 2.26% |
| Maruti Suzuki India Ltd. | 1.86% |
| Tata Steel Ltd. | 1.82% |
| Shriram Finance Ltd. | 1.64% |
Largest holdings only in Nippon India Quant Fund
| Security | % of fund |
|---|---|
| Divi's Laboratories Limited | 3.83% |
| Dixon Technologies (India) Limited | 3.46% |
| InterGlobe Aviation Limited | 3.19% |
| Info Edge (India) Limited | 2.77% |
| Escorts Kubota Limited | 2.45% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India Quant |
|---|---|---|
| Equity | 100.0% | 92.4% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | 7.6% |
Market cap of stocks
| Market cap | Mirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India Quant |
|---|---|---|
| Large Cap | 97.9% | 76.5% |
| Mid Cap | 2.1% | 15.8% |
| Small Cap | 0.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Mirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India Quant |
|---|---|---|
| Banks | 23.9% | 14.6% |
| Retailing | 4.5% | 10.9% |
| Petroleum Products | 10.9% | 3.6% |
| Automobiles | 6.5% | 9.7% |
| Finance | 7.4% | 9.4% |
| IT - Software | 7.8% | 3.0% |
| Telecom - Services | 6.4% | 3.6% |
| Power | 6.0% | 4.8% |
| Consumer Durables | 3.5% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset Nifty 100 ESG Sector Leaders ETF vs Nippon India Quant: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Nifty 100 ESG Sector Leaders ETF | Nippon India Quant Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.84% |
| Base expense ratio (Direct) | 0.00% | 0.45% |
| Total expense ratio (Regular) | Not available | 1.27% |
| Base expense ratio (Regular) | 0.35% | 0.82% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Mirae Asset Nifty 100 ESG Sector Leaders ETF vs Nippon India Quant Fund: Frequently Asked Questions
What is the difference between Mirae Asset Nifty 100 ESG Sector Leaders ETF and Nippon India Quant Fund?
Mirae Asset Nifty 100 ESG Sector Leaders ETF is an ETF fund, Nippon India Quant Fund is a Thematic fund, run by Mirae Asset Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 46.2%. Mirae Asset Nifty 100 ESG Sector Leaders ETF charges 0.45% a year and Nippon India Quant Fund 0.84%.
Which has given higher returns, Mirae Asset Nifty 100 ESG Sector Leaders ETF or Nippon India Quant Fund?
Over 1 year: Mirae Asset Nifty 100 ESG Sector Leaders ETF −11.03%, Nippon India Quant Fund −5.85%. Over 3 years: Mirae Asset Nifty 100 ESG Sector Leaders ETF +7.62% a year, Nippon India Quant Fund +12.91% a year. Over 5 years: Mirae Asset Nifty 100 ESG Sector Leaders ETF +5.61% a year, Nippon India Quant Fund +11.97% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Mirae Asset Nifty 100 ESG Sector Leaders ETF or Nippon India Quant Fund?
Mirae Asset Nifty 100 ESG Sector Leaders ETF charges less: 0.45% a year against 0.84%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset Nifty 100 ESG Sector Leaders ETF and Nippon India Quant Fund overlap?
46.2%. They hold 21 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Mirae Asset Nifty 100 ESG Sector Leaders ETF or Nippon India Quant Fund?
On SEBI's riskometer, Mirae Asset Nifty 100 ESG Sector Leaders ETF is rated Very High and Nippon India Quant Fund Very High. Over 3 years, the standard deviation of daily returns was 13.55% and 14.95% a year.
Which is better for SIP, Mirae Asset Nifty 100 ESG Sector Leaders ETF or Nippon India Quant Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,83,131 in Mirae Asset Nifty 100 ESG Sector Leaders ETF (XIRR 4.4% a year) and ₹7,90,897 in Nippon India Quant Fund (XIRR 10.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Mirae Asset Nifty 100 ESG Sector Leaders ETF and Nippon India Quant Fund?
Yes. 46.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Mirae Asset Nifty 100 ESG Sector Leaders ETF and Nippon India Quant Fund?
Mirae Asset Nifty 100 ESG Sector Leaders ETF: Ekta Gala, amp, Vishal Singh. Nippon India Quant Fund: Shirish Guthe.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.